Which one of the following would likely shift a production possibilities frontier inward?
A)technological change
B)a drought
C)a decrease in the price of natural resources
D)an increase in human capital
E)None of the above,because production possibilities frontiers do not shift inward.

Question

Quizplus · Accepted Answer

A drought would likely reduce the economy's ability to produce goods and services, limiting the quantity of resources available for production and shifting the production possibilities frontier inward. The other options would either expand the frontier outward or have no effect on its position.

Which One of the Following Would Likely Shift a Production